Lucky raffle winner gets island resort for $49

In a generation where $49 can barely even buy a pair of decent jeans, a man known only as Joshua from New South Wales, Australia has won an entire island resort.

Yes, really. Joshua was awarded the deed to a Micronesian island resort in Kosrae. There seems to be no catch, since the company's website says the resort is, "debt free, profitable and already fully staffed."

The raffle drew more than 75,000 entries from around the world. People paid $49 each to enter the raffle, and the owners made nearly $3.7 million.